Domestic gold price today August 7, 2025
As of 4:00 p.m. today, August 7, 2025, the domestic gold bar price has increased beyond the 124 million mark. Specifically:
DOJI Group listed the price of SJC gold bars at 122.7-124.1 million VND/tael (buy - sell), an increase of 500 thousand VND/tael for buying - an increase of 300 thousand VND/tael for selling compared to yesterday.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 122.4-123.8 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to the closing price on August 6 yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 123-124 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged for buying - increased by 200 thousand VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 122.4-123.8 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to the same period yesterday.
SJC gold price at Phu Quy is traded by businesses at 121.2-123.8 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions compared to yesterday.
As of 4:00 p.m. on August 7, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 117.5-120 million VND/tael (buy - sell); the price remained unchanged in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 117.8-120.8 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday.
The latest gold price list this afternoon, August 7, 2025 is as follows:
| Gold price today | August 7, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 122.4 | 123.8 | - | - |
| DOJI Group | 122.7 | 124.1 | +500 | +300 |
| Red Eyelashes | 123 | 124 | - | +200 |
| PNJ | 122.4 | 123.8 | - | - |
| Bao Tin Minh Chau | 122.4 | 123.8 | - | - |
| Phu Quy | 121.2 | 123.8 | - | - |
| 1. DOJI - Updated: August 7, 2025 16:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| AVPL/SJC HN | 122,700 ▲500K | 124,100 ▲300K |
| AVPL/SJC HCM | 122,700 ▲500K | 124,100 ▲300K |
| AVPL/SJC DN | 122,700 ▲500K | 124,100 ▲300K |
| Raw material 9999 - HN | 110,500 ▲500K | 111,500 ▲500K |
| Raw material 999 - HN | 110,400 ▲500K | 111,400 ▲500K |
| 2. PNJ - Updated: August 7, 2025 16:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC 999.9 gold bar | 122,400 | 123,800 |
| PNJ 999.9 Plain Ring | 117,500 | 120,000 |
| Kim Bao Gold 999.9 | 117,500 | 120,000 |
| Gold Phuc Loc Tai 999.9 | 117,500 | 120,000 |
| PNJ Gold - Phoenix | 117,500 | 120,000 |
| 999.9 gold jewelry | 116,300 | 118,800 |
| 999 gold jewelry | 116,180 | 118,680 |
| 9920 jewelry gold | 115,450 | 117,950 |
| 99 gold jewelry | 115,210 | 117,710 |
| 916 Gold (22K) | 106,420 | 108,920 |
| 750 Gold (18K) | 81,750 | 89,250 |
| 680 Gold (16.3K) | 73,430 | 80,930 |
| 650 Gold (15.6K) | 69,870 | 77,370 |
| 610 Gold (14.6K) | 65,120 | 72,620 |
| 585 Gold (14K) | 62,150 | 69,650 |
| 416 Gold (10K) | 42,070 | 49,570 |
| 375 Gold (9K) | 37,200 | 44,700 |
| 333 Gold (8K) | 31,850 | 39,350 |
| 3. SJC - Updated: 8/7/2025 16:00 - Source website time - ▲/▼ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 122,400 | 123,800 |
| SJC gold 5 chi | 122,400 | 123,820 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 122,400 | 123,830 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 116,800 | 119,300 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 116,800 | 119,400 |
| Jewelry 99.99% | 116,700 | 118,700 |
| Jewelry 99% | 113,024 | 117,524 |
| Jewelry 68% | 73,674 | 80,874 |
| Jewelry 41.7% | 42,452 | 49,652 |
World gold price this afternoon August 7, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:00 p.m. on August 7, Vietnam time, was 3,378.48 USD/ounce. This afternoon's gold price increased by 13.66 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,400 VND/USD), the world gold price is about 110.96 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 13.14 million VND/tael higher than the international gold price.
World gold prices rose slightly after US President Donald Trump's new high tariffs officially took effect, raising concerns about trade and boosting demand for safe assets such as gold.
Specifically, spot gold prices increased by 0.41% while US gold futures prices increased by 0.6% to 3,453.30 USD.
"Trump's new tariff threats are making gold a safe haven for many investors," said Tim Waterer, market analyst at KCM Trade. "Gold is approaching the psychologically important $3,400 level, while risk assets are under pressure from continued US tariff rhetoric."
The high tariffs ranging from 10% to 50% imposed by the US on a series of trading partners officially took effect from today. This is considered a test of Mr. Trump's strategy to reduce the US trade deficit, but at the same time it also has the potential to disrupt the global supply chain, push up inflation and lead to retaliation from partner countries.
Notably, President Trump also announced that the US will impose a tax of about 100% on imported semiconductor components, but exempt companies that manufacture in the US or have plans to invest in domestic production.
In addition, the USD index was near its lowest level in more than a week after last week's weaker-than-expected US jobs data raised expectations that the Federal Reserve will cut interest rates in September.
According to the CME Group's FedWatch tool, there is now a 93% chance that the Fed will cut interest rates by 0.25 percentage points next month. Minneapolis Fed President Neel Kashkari also said the Fed may need to cut interest rates in the near future to respond to the slowing economy.
Besides gold, spot silver also rose 0.6% to $38.07 an ounce. Platinum rose 0.5% to $1,340.85 while palladium rose 2.4% to $1,158.80.
Gold Price Forecast
According to the latest report from Bloomberg, the amount of gold bars stored in the warehouses of the Shanghai Futures Exchange has reached a record high. More than 36 tons of gold has been registered for futures trading, as investors take advantage of the price difference between spot gold and futures.
John Reade, a senior expert at the World Gold Council (WGC), said this is a clear sign of the strong attraction of gold in the current Chinese market. Banks and traders are adopting a strategy of buying low-priced spot gold to deliver to the exchange's warehouse, then using this gold to offset futures contracts, helping them to effectively close profits.
Experts from WisdomTree point out 5 macro factors that could push gold prices to new heights. In particular, if the Trump administration implements a monetary easing policy that weakens the USD, gold prices could surge.
After hitting a historic peak of $3,500 an ounce in April, gold prices are now hovering between $3,180 and $3,400. WisdomTree predicts prices could reach $3,850 by the second quarter of 2026, and even surpass $5,355 if the US dollar weakens significantly.
The gold market is being affected by many factors: unresolved trade tensions between the US and its partners, rising US government debt due to expansionary fiscal policy, concerns about the independence of the Federal Reserve, along with geopolitical instability in the Middle East and the Russia-Ukraine conflict. In particular, the current administration's weakening trend of the USD is also an important factor supporting gold prices.
In Vietnam, the price of gold in July 2025 increased by 1.02% compared to the previous month and increased by 49.7% compared to the same period last year. In the first 7 months of the year, the growth rate reached 39.09%, mainly due to the scarce supply of gold bars in the market.
Dr. Nguyen Tri Hiep warned investors to be extremely cautious in the current context. He emphasized: "When gold prices rise, it will trigger profit-taking selling pressure, leading to sudden strong adjustments. Those who buy at high prices are likely to face great risks. Investing in gold at this time needs to be carefully considered."
The gold market is going through a period of energy accumulation before it can break out strongly, but at the same time, there are many potential risks that need to be closely monitored. Investors are advised to update information regularly and have appropriate risk management strategies.
Source: https://baonghean.vn/gia-vang-chieu-nay-7-8-2025-gia-vang-trong-nuoc-va-the-gioi-tang-vuot-moc-124-trieu-nha-dau-tu-tich-cuc-mua-vao-10304017.html
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